FMG 2.87% $23.67 fortescue ltd

Its obvious now FMG's long term strategy is to expand beyond...

  1. 2,969 Posts.
    lightbulb Created with Sketch. 914
    Its obvious now FMG's long term strategy is to expand beyond Iron Ore, so we need a new thread!

    Twiggy has signed a few deals now for Hydro-power, Hydrogen is in the works
    Interestingly we have a subsidiary called Fortescue Future Industries running the show.
    • Pilbabra Generation Project = Solar & Gas generation, expanding to Hydrogen
    • Papua New Guinea = Signed Agreement for Hydro-power
    • Afghanistan = Signed Agreement for Hydro-power & Geo-Thermal (and minerals)
    • Pakistan = Hydro-power talks underway
    • CSIRO = Partnership to develop Hydrogen
    The energy market in Australia alone is worth $10s Billions, globally $$$$$$$$$$$$$$$

    Looks great if Twiggy can keep his head down!! eek.png

    Forrest, FMG team dodge deadly terrorist attack


    https://www.copyright link/companies/mining/forrest-fmg-team-dodge-deadly-terrorist-attack-20200913-p55v4h
 
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